Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

what is the exact meaning of debit and credit

Answer Posted / teja

DEBIT-receiving aspect of transaction is debit
CREDIT-giving aspect of trnsaction is credit

Is This Answer Correct ?    6 Yes 10 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

how Mis reports are used?n why it is used ? explain

2024


What is Split And buy-back?

2707


Whether setting up of diary plants comes under CMA under Farm Sector or Non Farm Sector

1787


CAN ANY OF U TELL ME WHAT QUESTION ACTUALLY ASK IN OPERATION ROUND IN BA CONUTNNIUM SOLUTION

2014


What is SOX

2176


In financial management why we calculate the cost of debt, (cost of capital) while rate of interest is given.

2017


is indian bank or canara bank CBS brach?

2097


purchase car from toyota innova 50000 cheque from one firm and 449893 from other firm.... and 1350000 loan saction from kotak mahindra.....how can entry make with interest

2016


plz tell me the finance questions asked in hsbc latest question asked in hsbc?

2109


describe how accuracy in trial balance is a prime objective for preparing the financial statements?

2045


can any one send me payables real time scenarious or any projects

2107


Expand-------ACNS

1957


While selling fertilisers can we charge VAT on excise duty.

1997


What is the relationship between, issued share capital, share premium and paid up capital?

2409


Expand RMP

2335